Castle Minerals Limited (AU:CDT) has released an update.
Castle Minerals Limited has secured a significant investment of approximately US$2 million from Ghana’s Minerals Income Investment Fund to advance its Kambale Graphite Project to the pre-feasibility stage. This strategic partnership aims to bolster Ghana’s ambition to establish a critical minerals supply chain for lithium-ion battery production, positioning the Kambale project as a key player in the global energy transition. The investment not only provides necessary funding but also de-risks the project, with MIIF becoming a major shareholder in Castle.
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